Datadog (DDOG) Among the Best Performers of May 2026

During the quarter, the institution posted $1.01 cardinal successful revenue, up of the statement of $959.95 million. The EPS of $0.6 besides came successful up of the expectations of $0.51. CEO Olivier Pomel noted the 32% year-over-year gross maturation and much than $1 cardinal successful gross to beryllium a important milestone, driven by beardown execution crossed customers of each sizes and industries adopting cloud-based, AI-enabled solutions. Management noted that lawsuit maturation remained steadfast arsenic the institution had astir 4,500 customers spending $100,000 oregon much annually, reflecting a 21% maturation from a twelvemonth ago.

​Recently, connected May 29, RBC Capital raised the terms people connected the banal from $219 to $250 and maintained a Buy standing connected the shares. The steadfast met with Datadog’s absorption and came backmost reassured astir the firm’s bullish thesis. The steadfast sees the institution benefiting from 3 cardinal tailwinds, including ongoing unreality migration, rising AI adoption, and caller merchandise innovation.

​Datadog, Inc. (NASDAQ:DDOG) is simply a SaaS-based observability and information level that provides unreality monitoring, analytics, and cybersecurity solutions for applications and infrastructure.

While we admit the imaginable of DDOG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 9 Most Undervalued Foreign Stocks to Buy Now and 10 Most Undervalued US Stocks According to Hedge Funds. 

Disclosure: None. Follow Insider Monkey connected Google News.